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XL Catlin: “Insurance for a Bold New World”

XL Catlin: “Insurance for a Bold New World”

Following the completion of XL Group plc‘s cquisition of Catlin Group Limited on May 1, XL and Catlin have officially joined operations and launched a new brand, XL Catlin. As of now, XL’s insurance and reinsurance operations will use the brand name XL Catlin. The parent company will remain XL Group plc.XL Catlin’s CEO Mike McGavick... Read more of this article

XL Group Completes Acquisition Of Catlin Group

XL Group Completes Acquisition Of Catlin Group

XL Group plc has completed the acquisition of Catlin Group Limited following the parties’ previously announced entry into an agreement on January 9, 2015 to acquire all of the capital stock of Catlin to form a combined business . The closing of the transaction follows the receipt of all necessary regulatory approvals, Catlin shareholder approval,... Read more of this article

Catlin Completes Sale Of Investment In BIGL

Catlin Completes Sale Of Investment In BIGL

Bermuda-based Catlin Group Limited announced that its subsidiary, Catlin Insurance Company Ltd. [CICL], has completed the sale of its investment in Box Innovation Group Limited [BIGL] to Aioi Nissay Dowa Insurance Company of Europe Limited [Aioi]. Under the sale agreement announced on 22 December 2014, Aioi has acquired shares from CICL as well as... Read more of this article

Catlin Joins UK Museum: Coral Reef Exhibition

Catlin Joins UK Museum: Coral Reef Exhibition

Bermuda-based Catlin Group has joined forces with the Natural History Museum in London to present a major exhibition, which opens today [Mar 27], that explores the importance and beauty of the world’s coral reefs. The exhibition, ‘Coral Reefs: Secret Cities of the Sea’, includes 250 specimens from the Natural History Museum’s coral, fish... Read more of this article

Catlin Bermuda’s ‘Mobros’ Give Over $31,000

Catlin Bermuda’s ‘Mobros’ Give Over $31,000

The Catlin Group joined together on a global initiative to participate in The Movember Foundation Challenge; which encouraged all Catlin men to give their razors a rest for the month of November, in an effort to raise awareness and funds for Men’s health globally. As a result, Catlin Bermuda’s MoBros did an excellent job in growing and styling their... Read more of this article

Catlin Financial Results Reporting Date Changed

Catlin Financial Results Reporting Date Changed

Catlin Group Limited, the international specialty property/casualty insurer and reinsurer, will announce its financial results for the year ended 31 December 2014 at 7.00am GMT on Tuesday 10 February, rather than on Thursday 12 February 2015 as previously announced. Catlin’s management will make a presentation to investment analysts at 10am GMT on... Read more of this article

XL Group To Buy Catlin Group For $4.1 Billion

XL Group To Buy Catlin Group For $4.1 Billion

XL Group today [Jan 9] announced that it has entered into an agreement under which XL will offer to acquire all of the capital stock of Bermuda-based Catlin Group Limited to form a combined business to be known as XL Catlin, with the deal worth approximately $4.1 billion dollars. The transaction is structured as a scheme of arrangement and is expected... Read more of this article

Photos: Catlin Charity Christmas Tree Winners

Photos: Catlin Charity Christmas Tree Winners

The Washington Mall has been looking extra festive, as a number of sporting groups teamed up to decorate Christmas trees in the Mall in this year’s friendly competition, with the Bermuda Football Association being named the winner,  North Village Community Club placing second, while the Bermuda Hockey Federation placed third. Located in the new... Read more of this article

Catlin Sells Investment In Box Innovation Group

Catlin Sells Investment In Box Innovation Group

Bermuda-based Catlin Group Limited, announced that its subsidiary, Catlin Insurance Company Ltd., has entered into an agreement for the sale of its investment in Box Innovation Group Limited to Aioi Nissay Dowa Insurance Company of Europe Limited. “Aioi will acquire shares from CICL as well as other shareholders, and as a result of the transaction... Read more of this article

XL Confirm “Preliminary Discussions” With Catlin

XL Confirm “Preliminary Discussions” With Catlin

Following reports they made a $3.9 billion offer to buy Catlin Group, XL Group today [Dec 17] confirmed that it is “engaged in preliminary discussions with Catlin regarding a potential transaction to acquire the company and form a combined entity.” Bloomberg reported that Catlin Group Ltd. said it received a takeover approach from XL valued... Read more of this article

Stephen Catlin Named Insurance Hall of Famer

Stephen Catlin Named Insurance Hall of Famer

Stephen Catlin — Chief Executive of Bermuda-based Catlin Group Limited –will be the 2015 Insurance Hall of Fame Award recipient, the International Insurance Society [‘IIS’] has announced. The Insurance Hall of Fame Award pays tribute to persons who have made a broad, encompassing and lasting contribution to the insurance industry and... Read more of this article

Catlin Bermuda Donates $42,000 To Charity

Catlin Bermuda Donates $42,000 To Charity

This evening [Dec 16] Catlin Bermuda surprised seven local charities with an early Christmas gift, as they aimed to spread some pre-holiday cheer and acknowledge the vital work these organisations undertake. The recipients were:The Bermuda Islands Association of the Deaf Big Brothers Big Sisters Bermuda Sloop Foundation Greenrock Open Airways SCARS Bermuda... Read more of this article

Photos: Festive Trees In Washington Mall

Photos: Festive Trees In Washington Mall

[Updated with photos] The new extension of the Washington Mall will look extra festive this season, with eleven special Christmas trees that have been decorated by various sporting organizations as part of the annual Catlin Charity Christmas Tree Event. This year’s participants include Dandy Town, Pembroke Hamilton Club [PHC], Bermuda Football... Read more of this article